Internal Consulting/Strategy?
Considering recruiting FT for an internal strategy role at a big financial services firm. I understand that this kind of role is generally the exit post-MBB, but if I wanted to switch to do consulting in a different industry/get an MBA, how would this role be perceived?
Based on the most helpful WSO content, an internal strategy role at a big financial services firm can be a great stepping stone. It's true that many people transition into these roles after a stint at MBB, but that doesn't mean you can't start there.
If you're considering switching to consulting in a different industry or pursuing an MBA in the future, this role could be perceived positively. It would give you a solid foundation in strategic thinking and problem-solving, which are both highly valued in consulting and business school.
However, keep in mind that the specific perception may depend on the reputation of the firm, the projects you work on, and how you leverage your experience. For instance, if you're aiming to move into a strategy role in tech, having relevant industry experience can be a significant advantage.
Remember, every journey is unique and there's no one-size-fits-all answer. It's all about how you make the most of the opportunities that come your way and how you present your experiences to future employers or admissions committees. Good luck!
Sources: Q&A: Corporate Strategy Manager at F100 Entertainment Company (came from Non-MBB Management Consulting), Consulting vs Industry, Cambridge Associates vs Strategy/M&A at F500, Corporate/Tech Strategy Career Path, Post MBA?
You can definitely do corp strat —> MBA —> MBB
In terms of switching to consulting without the MBA, your best bet would be to switch to a boutique that specializes in your industry.
You can pivot to other corporate strategy groups as well.
You don't think they could lateral to mbb/t2 when the market heats up again?
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